Browsing: Market

In the face of rising demand for Buy Now Pay Later services, Klarna lost (dollar)344 million. (Photo courtesy of rupixen.com on Unsplash) In the face of rising demand for Buy Now Pay Later services, Klarna suffered a loss of (dollar)344 million. Due to rising demand for buy now pay later services, Klama, a Swedish fintech start-up, has lost (dollar)344 million. The loss was felt in the first nine months of this year, with the company posting a fourfold increase over its loss of (dollar)88 million in the same period last year. Klarna’s valuation is (dollar)46 billion. Klarna was valued at…

The Russell 2000 Index is down 3.6 percent, while the S&P 500 Index is down 2.4 percent. (Photo courtesy of NeONBRAND on Unsplash) The Russell 2000 is down 3.6 percent, with the S&P 500, NASDAQ 100, DOW 30, and US Dollar Index all falling. Concerns about a new COVID-19 variant discovered in South Africa have taken a toll on global markets. The Russell 2000, the SandP 100, the NASDAQ 100, the DOW 30 and the US Dollar Index are all in the red as a result of this. B1.1.529 is a new COVID-19 variant. According to a CNBC article, WHO…

During the market downturn, 12K top cryptocurrencies worth nearly (dollar)650 million were transferred from unknown to unknown. (Photo courtesy of Maxim Hopman on Unsplash) Amid a market downturn, 12K of the top cryptocurrencies worth nearly (dollar)650 million were transferred from unknown to unknown. Over 12,000 BTC was transferred from unknown to unknown during the massive price drop, worth a whopping (dollar)650 million. Bitcoin has dropped from around (dollar)57K to around (dollar)53K, and the 12K BTC transfer wasn’t the only major change in the market. Prediction of a Massive Bitcoin Price Drop This massive drop occurred around 2:00 a.m. on Nov.…

Microsoft surpasses Apple with $2.46 trillion, leaving the iPhone company in second place with $2.43 trillion. (Image courtesy of Commons.Wikipedia.com) Microsoft surpasses Apple with $2.46 trillion, leaving the iPhone company in second place with $2.43 trillion. While Apple has been at the top for a long time and shows no signs of slowing down, it appears that the iPhone maker has encountered an unexpected match in the form of a long-time rival. With its gigantic $2.46 trillion valuation, Microsoft has surpassed Apple. In terms of market capitalization, Microsoft has surpassed Apple. According to MacRumors, Microsoft has surpassed Apple as the…